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Business is the practice of making one's living or making money by producing or buying and selling ... The definition of a parent company differs by jurisdiction ...
In economics, the business sector or corporate sector - sometimes popularly called simply " business " - is "the part of the economy made up by companies ". [ 1] [need quotation to verify][ 2] It is a subset of the domestic economy, [ 3] excluding the economic activities of general government, private households, and non-profit organizations ...
Business economics is a field in applied economics which uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with labour, capital and product markets. [ 1] A professional focus of the journal Business Economics has ...
Business acumen, also known as business savviness, business sense and business understanding, is a combination of knowledge, skills, and experience that enables individuals to understand business situations, make sound decisions, and drive successful outcomes for an organization. [citation needed] It is also defined as " keenness and quickness ...
Business communication is communication that is intended to help a business achieve a fundamental goal, through information sharing between employees as well as people outside the company. [ 1 ] [ 2 ] It includes the process of creating, sharing, listening, and understanding messages between different groups of people through written and verbal ...
In the business sector, business architecture is a discipline [citation needed] that "represents holistic, multidimensional business views of: capabilities, end‐to‐end value delivery, information, and organizational structure; and the relationships among these business views and strategies, products, policies, initiatives, and stakeholders ."
e. A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or customers. Business processes occur at all organizational levels ...
Business development entails tasks and processes to develop and implement growth opportunities within and between organizations. [ 1] It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. [ 2]